Investors' Soapbox PM

Three Stocks to Play the Rise in U.S. Land Rigs

The U.S. rig count has started creeping higher since the April trough despite headwinds from lower-gas activity. Overall, the rig count has advanced 27 rigs from the early April trough (1,738) and is basically unchanged year-to-date at 1,765 rigs with oil rigs up 79 (6.0%) and gas rigs down 77 (17.9%). We expect rig-count growth to improve throughout the second half and 2014 driven by rising oil drilling...